Payments

NCR Atleos delivers deposit ATMs in UK

June 5, 2024

NCR Atleos announced it has deployed multi-bank deposit ATMs in the United Kingdom. The rollout will initially be connected to the Link ATM network in major retailers, with the first deployment in the Co-op Food Store in Ormskirk, according to a press release.

The goal is to provide U.K. communities with access to cash, with further deployments planned for Bourne, Cardigan, Chipping Norton, Whitehaven and other locations.

"Co-op is committed to serving and supporting its communities, conveniently, and operating at the heart of local life," Lisa Edwards, director business services, Co-op, said in the release. "This includes developing the added services which matter to our member-owners and customers. We know that our communities value the free access to cash that ATMs at Co-op stores provide in towns, villages and cities across the U.K. through our partnership with NCR Atleos, and we are delighted to build on this with the addition of a cash deposit service."

"As banks continue to rationalize their branch networks, the UK banking industry collectively needs to ensure continued access to cash services for all, and adding deposit taking functionality to our existing Cashzone ATM network is an integral first step in achieving this goal," Diego Navarrete, EVP, global sales for Atleos, said in the release. "Deposit-taking ATMs are particularly beneficial for consumers who need to make deposits outside of regular banking hours or in locations where there are no physical bank branches nearby. We anticipate banks will increasingly look to this service to maintain cash access for all across the U.K."

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NCR Atleos

NCR Atleos expands self-service financial access for retailers and financial institutions who leverage our expertise, operational scale, always-on global services and constant innovation to deliver convenient self-service banking.

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